FED meeting, BTC Capitulation?

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Thanks to rektcapital@rektcapital

Volume shows 200 MA a lot of selling. The Big culprits were the leverage Defi bullshit.. and now it's MINERS who need to sell because of costs.

I always wonder what BTC will do if mining is too costly..

In any case I still think we are going to 10k ..

But this chart is a little Bear Bounce hopium.

Everything is tide together including Energy costs and the world may be facing a nice energy crisis. Apparently Ireland is preparing for some pretty draconian 'covid' sorry 'energy' emergency measures for the fall.

Quick post because I make a few hives..

Comments appreciated!

FED meeting, BTC Capitulation? | Ecency